Attendees look at an electric sport utility vehicle on display at last month’s Auto Shanghai 2019 show in China. Photo: Bloomberg
Attendees look at an electric sport utility vehicle on display at last month’s Auto Shanghai 2019 show in China. Photo: Bloomberg

Shakeout looms for China’s electric car market, as 80 per cent of start-ups predicted to go under

  • Only 20 to 30 electric vehicle makers may survive, says Beijing Electric Vehicle Co senior executive
  • There were 486 EV manufacturers in China as of March, more than triple the number two years ago

Attendees look at an electric sport utility vehicle on display at last month’s Auto Shanghai 2019 show in China. Photo: Bloomberg
Attendees look at an electric sport utility vehicle on display at last month’s Auto Shanghai 2019 show in China. Photo: Bloomberg
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